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zec
ZECUSDT
Perp
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+3.37%
‌ Short Is Getting Tested – Here's My Plan

I entered a ZEC short at $1,468.42 with 20x leverage, and the market has moved slightly against me. The current mark price is $1,472.76, putting my ROI at -4.92%. My liquidation price is $1,537.05, which is about 4.4% away. That's a tight spot with 20x leverage, and I'm watching it closely.

The position size is 0.06 ZEC with a margin of $4.95. The unrealized PnL is -$0.24, which is small in absolute terms, but the leverage makes it feel bigger. I'm not panicking yet, but I'm prepared to act if the price keeps climbing.

Key levels I'm watching:

· Resistance: $1,500 and $1,537.05 (my liquidation)
· Support: $1,468.42 (my entry) and $1,430.00

My plan:

· If price hits $1,500, I'll close half and move my stop to breakeven.
· If price drops below $1,460, I'll consider holding for a move to $1,420.
· Stop loss set at $1,520 to cap risk before liquidation.

I'm sharing this because transparency matters. Do you think ZEC will reverse or continue higher? Drop your thoughts below.#JapanRealEstatePowerChipStocksRise #GateTopsStockPerpetualCoverage
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ZECZEC+3.37%

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L2GasScout
18 minutes ago
20x is too intense; liquidation is so close, my palms are already starting to sweat.
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RarityGuru
29 minutes ago
Setting the stop-loss at $1,520 was smart—it left some buffer and was far better than stubbornly holding until liquidation.
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OptimismOptimist
41 minutes ago
First Review
ZEC’s price action looks like it’s going to retest the previous high; your short is a bit against the trend, bro.
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